Forensic Accounting
Forensic Accounting Specialists is a member of The American College of Forensic Examiners.
The American College of Forensic Examiners Institute (ACFEI) is an independent, scientific and professional society. Multi-disciplinary in its scope, the society actively promotes the dissemination of forensic information. The association’s purpose is the continued advancement of forensic examination and consultation. ACFEI has elevated standards through education, basic and advanced training, and Diplomate Status.
We believe Forensic Examiners do not ‘win’ or ‘lose’ cases, they open the door for deeper understanding and foundation of the facts.
Since legal consulting is one of the fastest growing areas of consulting services, a Certified Forensic Accountant, Cr.FASM credential provides assurance to the legal community and other stakeholders that the designee possesses an exceptional degree of experience and knowledge to provide competent and professional forensic consulting services.
Forensic Examiners seek only the truth, conduct evaluations, examinations, inquires, and report the true results of their findings in an unbiased and objective manner. The ACFEI is the largest professional membership association representing forensic examiners.
It is the goal of Forensic Accounting Specialists to remain completely objective and use their ability to serve justice by the accurate determination of the facts involved. Our team will not intentionally withhold or omit any findings or opinions discovered during a forensic examination which would cause the facts to be misinterpreted or distorted.
As forensic examiners, our team understands the importance of their role and to conduct themselves only in the most ethical and professional manner at all times.
The demand for forensic accounting services is expected to grow over the next decade as a result of economic downturns and the current public perception that fraud is prevalent in financial reporting. This perception is due to the unprecedented business failures of large publicly held corporations guilty of widespread fraudulent and/or questionable accounting practices. Certified Forensic Accountants are needed for litigation support, corporate investigations, criminal matters, government issues and insurance claims.
FORENSIC SERVICES
The major service areas covered by forensic accounting are litigation support, fraud investigation, bankruptcy services and business valuations. It is anticipated that expert witness and testimony is a by-product of these services.
Included in the above categories are contract disputes, construction claims, business interruption losses and antitrust issues. Additional engagements include fidelity bond claims, intellectual property theft and valuation, partnership disputes, personal injury, wrongful death and wrongful termination matters.
In each of these types of engagements, we may be asked to prove, disprove, evaluate or calculate damages and/or losses. In addition to general accounting services, Forensic Accounting Specialists offers forensic services, fraud investigation and litigation support, to include the following;
| FRAUD INVESTIGATION Coordinate investigation procedures Conduct interviews Review financial documents Verification of assets Maintain chain of evidence Prepare requests for production Specify additional investigative procedures Conduct background checks Identify and locate assets Draft reports of findings Provide expert testimony BANKRUPTCY SERVICES SPECIAL ASSET REVIEW |
LITIGATION SUPPORT Analyze discovery information Identify additional required documents Evaluate financial aspects of issues Prepare analytical models and trial aids Prepare and/or review financial statements Prepare damage calculations Analyze opposing damage calculations Draft deposition questions Assist and attend depositions Form expert opinions and draft reports Provide expert testimony REAL ESTATE/CONSTRUCTION SERVICES INTERNAL CONTROL EVALUATION |
Whether you need financial investigation due to suspected fraud, the tracing of preferential transfers prior to a bankruptcy, the calculation of damages or it just doesn’t pass the “smell test”, Forensic Accounting Specialists is the solution.
Our associates have extensive experience in financial matters, fraud investigations and legal disputes, providing the additional forensic support to help resolve your outstanding issues.
